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Daily Recap

World markets were mostly higher today, until trading centered on US equities. Relief over a decline in Korean tensions outweighed concern about the impact of Hurricane Irma on European insurance companies. The end result was a 0.39% rise in the Asia Dow, and a 0.27% gain by the STOXX 600 in Europe. In the Americas, Brazilian shares gained 1.75% and Chilean equities rose 0.59%; both Mexican and Canadian shares were moderately lower.

But in the US, stocks mostly could not hold onto early gains. Led lower by Disney and Goldman Sachs, the Dow Industrials lost 23 points. But the picture was brighter elsewhere, as the Transports gained 36 points, the NASDAQ was up 5, and the S&P fell by less than 1 point. Overall, NYSE advancing issues barely beat the decliners, 1,511 to 1,436.

Bigger action was found elsewhere. Interest rates fell to new 10-month lows, and the dollar index broke below the ... Log in or subscribe to continue reading.

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